3 Ways To Increase Your Income by Earning More Money
Despite the encouraging news that unemployment fell by 51,000 in the U.K. and other parts of the world recently in the three months up to April, many are still fearful of losing their jobs and are continually struggling to make ends meet.
More than ever individuals are looking for the best ways to increase their income. So what are the best ways to boost your income in 2012? Well, for those seeking to increase their income here are some quick options to consider
Party plans offer a great way for individuals, especially women, to earn more money as they provide a great way of juggling working hours around childcare. There are numerous party plans available including Anne Summers, Virgin Vie, Body Shop, jewellery and perfume parties. These party plans offer a great way to make more money but it is wise to research each of the opportunities thoroughly before committing yourself.
Some Tips To Consider
Some companies require that you purchase stock upfront while others will deduct the cost of the stock from your first party.
Other party plan companies will insist that you become self employed. Try to ensure that you have already planned some parties upfront and that there are no other agents already working in that area, in order to know that there will be enough demand for your party plan. Ask the company whether you can also sell door to door in case you have a quiet period with no parties planned.
All in all party plans can offer a great way to make more money and many companies offer not only a great commission but a bonus payment too when you exceed a certain level of sales.
2. Door To Door Selling
Another great and flexible way to boost your income is by door to door selling. Examples of reputable companies who offer these type of opportunities include Avon, Betterware and Kleeneze. Some companies like Kleeneze have made it easier for new people to join their organisation by scrapping the original £80 joining fee and allowing existing distributors to sponsor new recruits instead.
Door to door selling offers a very lucrative way of making more money especially for those who go on to recruit other members to sell within their team.
3. Online Business
Another great way of making more money is by starting an online business. There are many online business opportunities available but beware of any “get rich quick” claims. As with any other business, an online business will require a great deal of time and effort at the beginning before you reap any rewards. However an online business can make you rich “quicker” if you speed up the process by following training given by other successful online entrepreneurs.
To start an online business, as well as needing a computer and a phone line, you will also need a product or service to sell, but how do you find a product to sell?
1. Create Your Own Product
This could take the form of a CD, DVD or E book offering advice on a given subject e.g. How to start a business from scratch , how to pass your first interview, how to grow the best carrots etc, etc. We all know something that we can share with others and make money in the process.
2. Sell Someone Else’s Product
If you do not feel confident to create your own product then you could become an affiliate to sell someone else’s product. The easiest way to become an affiliate is to register with companies like click bank, Amazon and E bay. You can earn a commission of anything between 50% -75%. Once you have registered to become an affiliate you can them promote your products for free using social networking sites, articles, blogs, and You tube.
The great advantage of becoming an affiliate is that you do not need a website and the product is already branded for you. All you need to do is to market and sell the product.
It is advisable to sign up as an affiliate for a few different companies in case any of the companies should unexpectedly go out of business. You should also select products that will have a longer shelf life in order for you to have more time to be able maximise the sales of the products.
There are larger direct selling companies that offer huge commission for selling their products. You will usually need to pay a monthly subscription to join these type of companies, but this will entitle you to ongoing, up to date training that will equip you with all that you need to know to make the all important sales. The monthly subscription then gets automatically deducted from your commission.
One company that I personally work with as a mentor and affiliate actually offers commissions ranging from $800 to $16,000 per product sale.
Becoming an affiliate is one of the quickest and best ways to start earning an income online especially when you don’t have your own product to sell.
3. Buy The Resale Rights For Another Person’s product
This option is like having the best of options 1 and 2 combined. With this business you will need to search for products such as books, CDs and DVDs and contact the product owner to ask for resale rights for the product. They will then provide you with a licence to re-brand the product as your own allowing you to keep up to 100% of the profits. This is a great option as it allows you to make 100% of the profit without having to create the product yourself.
So there you have it… 3 of the best ways to increase your income in 2012. The great thing about each of the options mentioned is that they all offer a flexible means to boost income around your current job or commitments.
For further information of ways to increase your income or for a FREE REPORT on choosing the right business visit our website HERE TODAY